EXNESS - Analytics


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The euro slides down to the 1.1329 support

Sell on a level breakthrough of 1.1329 with 1.1268 target. Stop loss = 1.1380.

Reason for the trading strategy

At the Eurogroup meeting held on June 18 no agreement on Greece debt was reached. On June 22, an emergency meeting of the eurozone member states will be held. Market participants are wary about the IMF's dual position, which considers short-term Greece risks "manageable" for the eurozone. However, the IMF and the EU concede Greece exit from the eurozone.




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